Boom Quote by Eric Ries
“It doesn't matter if you call it a boom or a bubble. The startup business moves in cycles, and what goes up will eventually come down.”
About This Quote
Source Book: "The Startup Way", 2017
Business cycles are inevitable; growth and decline follow natural patterns.
In simple terms: Booms and busts repeat.
Key Takeaway
Plan for cycles.
Themes
economics
startup cycles
risk
strategy
Mood
analytical
pragmatic
Type
strategic
educational
When to use this quote
- product launch
- market expansion
- fundraising
Key Concepts
business planning
investment timing
Questions to Reflect On
- How can you prepare for downturns?
- What signals indicate a bubble?
A Different Perspective
Predicting timing is uncertain.
